| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $720.0K | 5.4% | 314.4% |
| Op. Income | -$1M | -$2M | -$2M | 32.6% | 57.0% |
| Gross Margin | 40.1% | 67.3% | -59.3% | -27.3pp | 99.4pp |
| Net Margin | -34.0% | -46.0% | -368.6% | 12.0pp | 334.6pp |
| EPS (Diluted) | $-1.88 | $-3.20 | $-13.42 | 41.3% | 86.0% |
| Free Cash Flow | -$1M | -$1M | -$2M | -23.9% | 38.7% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $132.0K |
| Selling & Marketing | $1M |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $1 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$1M |
| Interest Income | $55.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $55.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $84.0K |
| EBIT | -$1M |
| EBITDA | -$987.0K |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $84.0K |
| Stock-Based Compensation | $138.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.0K |
| Change in Working Capital | -$621.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $38.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $22.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $60.0K |
| Net Debt Issuance | $407.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $407.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $406.0K |
| Inventory | $2M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $161.0K |
| Goodwill | $741.0K |
| Intangible Assets | $996.0K |
| Long-Term Investments | $11.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $7M |
| Account Payables | $1M |
| Short-Term Debt | $582.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $950.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $218.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $218.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $66M |
| Retained Earnings | -$61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$878.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $853.0K |
| Net Debt | -$358.0K |
